THE EFFECT OF LIQUIDITY, PROFITABILITY AND SOLVENCY ON GOING CONCERN AUDIT OPINIONS (STUDY ON RETAIL TRADE COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE)

Abstract

Financial analysis in the form of financial ratio analysis and statistical calculations plays an important role in detecting the condition of an entity. The results of these financial ratios are used to assess management performance in a period, from this performance it can be used as an evaluation of things that need to be done so that management performance can be improved or maintained in accordance with company targets. The purpose of this study was to determine the effect of liquidity, profitability and solvency with going concern audit opinion either partially or simultaneously. The method used in this research is logistic regression and the Statistical Package for the Social Sciences 25 (SPSS 25) tool with a significance level of 0.05. The results show that partially liquidity has no effect on going concern audit opinion with a significance level of 0.212, profitability has no effect on going concern audit opinion with a significance level of 0.466 and solvency has no effect on going concern audit opinion with a significance level of 0.410. While simultaneously affecting the going concern audit opinion with a significance level of 0.000. The management of the retail trade sub-sector company must strive to continue to increase profits every year and be balanced with a decrease in the company's liabilities. And improve good performance by increasing the effectiveness of management in managing its resources.

Keywords: Business Continuity, Liquidity, Profitability and Solvency